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T-Mobile To Pay $90M To Settle FTC Mobile Cramming Suit

T-Mobile USA Inc. will reimburse consumers at least $90 million to settle the Federal Trade Commission's accusations that the company hit them with unauthorized, third-party charges on their mobile phone bills, a practice known as mobile cramming, officials said Friday.

  • Del. Justices Nix Voting Ban On $2.9B C&J Energy-Nabors Deal

    The Delaware Supreme Court on Friday shot down a 30-day injunction barring oil field company C&J Energy Services Inc. from holding a shareholder vote on a proposed $2.9 billion merger with the hydraulic fracturing and well-sealing units of Nabors Industries Ltd., finding numerous problems with the Chancery Court decision.

  • Google Sues Miss. AG Over MPAA-Linked 'Campaign Of Threats'

    A day after Google accused the Motion Picture Association of America of orchestrating a secret attack through Mississippi State Attorney General Jim Hood, the search giant formally lodged a suit accusing Hood of carrying out an unlawful “sustained campaign of threats against Google.”

  • EPA Will Treat Coal Ash As Solid Waste In Win For Industry

    The U.S. Environmental Protection Agency said Friday it will regulate coal ash as solid waste rather than the more strictly controlled hazardous waste, a victory for the power industry that frequently recycles the byproduct for building and agricultural uses.

  • NLRB Targets McDonald's, Franchisees As 'Joint Employers'

    The National Labor Relations Board said Friday it has issued complaints targeting both McDonald's USA LLC and McDonald's franchisees over labor law violations, alleging that the "joint employers" violated the rights of workers who took steps to try to improve their working conditions that included participation in nationwide protests. 

  • Credit Suisse Hit With $40M Verdict In Texas Loan Fight

    A Texas jury on Friday awarded a Highland Capital Management LP-managed entity $40 million, finding the Dallas-based hedge fund was defrauded by Credit Suisse AG units about the value of Las Vegas real estate underlying a $540 million refinancing loan.